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In forceUpdated to 23 Apr 2025Read it in Bahasa Malaysia
Contents

Part V · Council, Officers and Secretary

33. Duties of council

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(1)

A council member shall exercise reasonable care and skill in performing his duties and exercising his rights and powers.

(2)

In the absence of any officer of the Labuan foundation, the council shall perform the duties and exercise the powers of the officers prescribed in this Act.

References to council apply to council members acting jointly and severally

Report

Part VI

Capacity of Labuan Foundation

Part VII

Beneficiaries

Part VIII

Dissolution

Part IX

General Provisions

Schedules